Deloitte has acquired Australian IT consultancy, JKVine, in a deal aimed at building out a new platform test and optimisation unit in Deloitte Consulting.
Founded in 1998, with offices in Sydney and Melbourne, JKVine has made a name for itself in the local market as a consultancy business specialising in performance engineering and testing for business systems.
Counting Micro Focus, Riverbed, Dynatrace and AppDynamics among its vendor partners, the business also claims big ticket customers such as MLC, Officeworks, the NSW Government and Hewlett Packard Enterprise (HPE).
The terms of the acquisition will see JKVine’s 30-plus team move into Deloitte’s Melbourne and Sydney offices.
At the same time, JKVine’s four owners, Nick Singh, Dave Melgaard, Brad Cunningham and John Strumila, join Deloitte Consulting as principals.
“We have collaborated together successfully in the past and this move is a natural evolution in our relationship,” JKVine founder and managing director Nick Singh said. “It also offers our people more career development opportunities, which is really important to us.”
Together, the team will form the basis of the new platform test and optimisation unit that will sit within Deloitte Consulting’s platform engineering practice, which is led by Deloitte consulting partner and platform engineering leader, Clifford Foster.
For Foster, the acquisition is expected to let the platform engineering practice “complete the proposition” it is working to take to the market and its clients, specifically around how to design, build, run and optimise technology-based platforms.
“With the first-class talent of JKVine’s team, we can deliver superior value to our clients and the broader market to ensure platforms perform optimally, securely and flexibly,” Foster said.
“The depth and scale of our integrated services expands our on-shore capabilities to extend our end-to-end technology implementation offering.”
Indeed, Deloitte anticipates that with the JKVine team in the fold, and the integration of performance reengineering and testing automation capabilities into its existing technology practice, it will be able to offer a full-blown end-to-end technology implementation experience for its clients.
“JKVine’s team bolsters our ability to deliver larger and more platform-centric transformational projects in order to help our clients drive their business transformation goals,” Deloitte Consulting managing partner Robert Hillard added.
According to Deloitte Australia CEO, Cindy Hook, the latest acquisition complements the global consulting giant’s other recent local buys, which include systems integrator and Cloud consulting firm, Cloud Solutions Group (CSG), which was snapped up in late 2015.
In May, Deloitte acquired boutique managed services provider, Strut Digital, in a bid to bolster its cloud practice in Australia while October, it was Sydney-based Concur partner, Nesoi, that was acquired.
Last year alone, Deloitte snapped up Melbourne-based systems integrator, Plenary Networks, Melbourne-based systems integrator, Sixtree, and marketing technology implementation specialist, Cinder Agency, among others.
The financial terms of the latest acquisition have not been disclosed.